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Capricorn Energy lifts production outlook on Egypt strength amid DNO takeover war

Source: reuters.com

Corporate Guidance & OutlookEnergy Markets & PricesCompany Fundamentals

Takeover target Capricorn Energy forecast annual production above the midpoint of its 18,000-22,000 barrels of oil equivalent per day guidance range. The improved outlook is driven by higher output from its expanded Egyptian operations, supporting a modestly positive operational trajectory.

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